Group 1 - The People's Bank of China (PBOC) will conduct a 1.1 trillion yuan reverse repo operation on January 8, 2026, with a term of 3 months, to maintain ample liquidity in the banking system [1] - The operation on January 8 will match the amount of 1.1 trillion yuan in 3-month reverse repos maturing on the same day, indicating a continuation of the policy tool for the third consecutive month [2] - Analysts suggest that the unchanged amount of the 3-month reverse repo does not indicate a reduction in liquidity provision, as the current financial environment shows less urgency for increased liquidity [3] Group 2 - The PBOC is expected to conduct a medium-term lending facility (MLF) operation around January 25, potentially maintaining or increasing the amount to inject medium-term liquidity into the market [4] - The central bank's liquidity injection strategy is becoming more fixed, with regular operations scheduled for different terms throughout the month [3]
央行预告，明天11000亿
Zhong Guo Zheng Quan Bao·2026-01-07 15:05